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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

11.22SGD
17 Aug 2018
Change (% chg)

$0.02 (+0.18%)
Prev Close
$11.20
Open
$11.29
Day's High
$11.36
Day's Low
$11.14
Volume
6,572,900
Avg. Vol
6,005,332
52-wk High
$14.04
52-wk Low
$10.83

Latest Key Developments (Source: Significant Developments)

Oversea-Chinese Banking Corp Q2 Net Profit After Tax S$1.21 Bln, Up 16 Pct
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::NET PROFIT AFTER TAX OF S$1.21 BILLION FOR Q2 OF 2018 , CLIMBING 16%.2Q18 NET INTEREST INCOME S$1.45 BILLION 8% UP.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO , TIER 1 CAR & TOTAL CAR AS AT 30 JUNE 13.2%, 14.3% & 15.9%.NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 JUNE 2018.QTRLY NET INTEREST MARGIN ROSE 2 BASIS POINTS TO 1.67%.AN INTERIM DIVIDEND OF 20 CENTS PER SHARE HAS BEEN DECLARED FOR FIRST HALF OF 2018."OPERATING ENVIRONMENT IS INCREASINGLY CHALLENGING".OCBC- "WE ARE WATCHFUL OF SEVERE IMPLICATIONS TO GLOBAL ECONOMY AND FINANCIAL MARKETS FROM ESCALATING TRADE AND POLITICAL TENSIONS".  Full Article

OCBC Sees Gradual Rise in Net Interest Margins in Coming Quarters - CEO
Sunday, 5 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::SEES GRADUAL RISE IN NET INTEREST MARGINS IN COMING QUARTERS -CEO.EXEC SAYS STILL SEES SOME RESILIENCE FROM HOME BUYERS DESPITE RECENT PROPERTY COOLING MEASURES.  Full Article

Oversea-Chinese Banking Corporation Priced EUR 500 MLN 0.625 pct Covered Bonds Due 2025
Thursday, 12 Apr 2018 

April 12 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::PRICED EUR 500 MILLION 0.625 PER CENT. COVERED BONDS DUE 2025.  Full Article

Oversea-Chinese Banking Corp Completes Acquisition Of National Australia Bank's Private Wealth Business In Hong Kong​
Sunday, 26 Nov 2017 

Nov 27 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::‍OCBC GROUP COMPLETES ACQUISITION OF NATIONAL AUSTRALIA BANK'S PRIVATE WEALTH BUSINESS IN HONG KONG​.  Full Article

Oversea-Chinese Banking Corp's ‍interest in AVICT diluted to 17.3 pct from 20 pct​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Oversea-chinese Banking Corporation Ltd :Co's ‍interest in avict has been diluted from 19.99% to 17.27%​.Dilution not expected to have any material impact on eps of ocbc group for fy ending 31 dec, 2017​.  Full Article

Oversea-Chinese Banking Corp prices A$200 mln senior floating rate notes
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Oversea-chinese Banking Corporation Limited :Ocbc Bank Priced A$200 Million Senior Floating Rate Notes Due 2020.‍notes will bear interest at 3-month bank bill swap reference rate plus 0.60% per annum​.  Full Article

OCBC group posts quarterly net profit of S$1.06 bln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Oversea-Chinese Banking Corporation Ltd :‍OCBC group reported Q3 2017 net profit of S$1.06 billion​.Net interest income grew 12% to S$1.38 billion in 3Q17 from S$1.23 billion a year ago​.‍Q3 earnings grew 12% year-on-year driven by broad-based growth across all key markets and businesses​.Q3 ‍non-interest income was 1% higher at S$978 million​.Group's non-performing loans ("NPL") ratio was 1.3% as at 30 SEPTEMBER 2017​.Quarter end Common Equity Tier 1 Capital Adequacy Ratio of 13.1%, and tier 1 and total CAR of 14.0% and 16.2% respectively​.  Full Article

Oversea-Chinese Banking Corp priced EUR 500 mln covered bonds
Friday, 29 Sep 2017 

Sept 29 (Reuters) - Oversea-chinese Banking Corporation Limited () :Ocbc Bank Priced Eur 500 Million 0.25 Per Cent. Covered Bonds Due 2022.Covered bonds will bear interest at a fixed rate of 0.25% per annum.  Full Article

Oversea-Chinese Banking Corporation bank prices A$500 mln of senior floating rate notes due 2018
Wednesday, 15 Feb 2017 

Oversea-Chinese Banking Corporation Limited : OCBC Bank Priced A$500 Million Of Senior Floating Rate Notes Due 2018 . Net proceeds from issue of notes will be used for general corporate purposes of ocbc bank . Notes will bear interest at 3-month bank bill swap reference rate plus 0.49% per annum, payable quarterly in arrear .Application will be made for listing of notes on singapore exchange securities trading, notes expected to be listed on SGX-ST on 23 Feb.  Full Article

OCBC CEO says cautious on new loan origination
Tuesday, 14 Feb 2017 

Singapore OCBC CEO says: Stress situation in oil and gas sector is expected to continue . Cautious on new loan origination Further company coverage: [OCBC.SI] (Reporting by Anshuman Daga) ((Anshuman.Daga@thomsonreuters.com;)).  Full Article

SE Asia Stocks-Most markets fall as risk appetite remains fragile

* Singapore posts over 1-month closing low * Thailand, Vietnam shares inch higher By Ambar Warrick Aug 16 Most Southeast Asian stock markets tracked broader Asia to end lower on Thursday, as Turkey's currency woes and concerns of slowing economic growth in China weighed on investor risk appetite. However, news that Beijing will hold trade talks with Washington late this month helped markets cut some losses. A Chinese delegation led by Vice Minister of Commerc